Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Good Banks for Mountain Home Business Owners

 

 
Loan Census SBA Loan Info

Business Loans for Ambulance Services

With these business loans for ambulance services, the SBA guarantees the lender that the loan will be repaid. This ambulance services loan for $140,500 was given to an Arkansas entrepreneur in 2004.

This small business knew how to go about getting a business bank loan. Based in Mountain Home, Arkansas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Community 1st National Bank - W. Pla, based in Mountain Home, Arkansas.

SBA Loan Borrower

COMPANY TYPE: AMBULANCE SERVICES
MOUNTAIN HOME, AR 72653

SBA Loan Lender

COMMUNITY 1ST NATIONAL BANK - W. PLA
310 HWY 62 EAST
MOUNTAIN HOME, AR 72653

The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621910 - Ambulance Services

Loan Approval Date

9/16/2004

Loan Approval Gross Amount

$140,500

Loan Approval from the SBA

Of the total $140,500 loan amount, the SBA guaranteed $119,425.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 5 employees. The loan application did not indicate that the small business planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Direct Public Offerings

Good Banks for Small Business in Mountain Home, Arkansas

Arkansas SBA Bank Lenders